BAYTEX ENERGY CORP (BTE.CA)

CA07317Q1054 - Common Stock

4.14  -0.03 (-0.72%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BTE. BTE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
78% of all other stocks performed better in the past year than BTE.
BTE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 220 stocks in the same industry do better.
BTE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BTE has a been trading in the 3.92 - 5.05 range, which is quite wide. It is currently trading near the lows of this range.
BTE has an average volume of 4721250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BTE Weekly chart
BTE Daily chart
Setup Rating and Analysis

4

BTE has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

3.98

6.23

When analyzing the support we notice one important area.

  • Support @4.02 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 4.15 to 4.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 4.86 to 4.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 5.07 to 5.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @6.17 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.48
Mansfield-2.53
10 Day High4.87
10 Day Low3.92
20 Day High5.05
20 Day Low3.92
52 Week High6.37
52 Week Low3.92
Performance
1 Week-0.96%
2 Weeks-16.36%
1 Month-16.7%
3 Month-5.48%
6 Month-8%
12 Month-29.71%
2 Year-29.23%
3 Year20%
5 Year111.22%
10 Year-90.22%
15 Year-82.46%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)33.89
LBB3.77
UBB5.14
BTE Daily chart

BAYTEX ENERGY CORP

TSX:BTE (9/13/2024, 7:00:00 PM)

4.14

-0.03 (-0.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.72%
1 Week-0.96%
2 Weeks-16.36%
1 Month-16.7%
3 Month-5.48%
6 Month-8%
12 Month-29.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%3.93%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.87
10 Day Low3.92
20 Day High5.05
20 Day Low3.92
52 Week High6.37
52 Week Low3.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.15M
Volume Incr15.71%
Vol(5)5.13M
Vol(50)4.72M